# Analysis of Ethereum
*Overview of Ethereum*
Ethereum is an open-source blockchain platform that allows developers to build decentralized applications (dApps) using smart contracts. Ethereum was launched in 2015 by Vitalik Buterin.
*Features of Ethereum*
- *Smart Contracts*: Ethereum enables developers to build decentralized applications using smart contracts, which are executed automatically when certain conditions are met.
- *Decentralization*: Ethereum is characterized as a decentralized platform, meaning that data and applications are not under centralized control.
- *ERC-20 Compatibility*: Ethereum supports the ERC-20 standard, which allows developers to create custom tokens on the Ethereum platform.
*Market Analysis*
- *Price*: The price of Ethereum is influenced by many factors, including demand for the platform, technological developments, and competition from other blockchain platforms.
- *Technical Analysis*: Technical analysis tools, such as charts and technical indicators, can be used to analyze the price of Ethereum and predict its future trends.
- *Fundamental Analysis*: Fundamental analysis can be used to analyze the underlying factors affecting the price of Ethereum, such as technological developments and demand for the platform.
